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Bill Luker Jr
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MITRE Corporation
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Business Analytics, Predictive Modeling, Econometrics
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Bill Luker Jr's Blog

Vincent, one way bumpiness might be interpreted...

Posted on April 29, 2013 at 3:33pm 1 Comment

from a practitioner's perspective, is that it is a measure of noise, a detector of outliers that may show up as unaccounted-for noise, from the way, say, a process is producing the data, even a data-entry process, or some other force or process/system giving rise to that (those) particular noise(s). Yes?

So the thing would be try various tactics for reducing bumpiness, maybe by screening those outliers, etc., and even running a TSA on the residuals after factoring or…


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